This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Retail Properties Of America, Inc. Signs Lululemon To New Leases At Southlake Town Square And The Shops At Legacy

Retail Properties of America, Inc. (NYSE: RPAI) today announced that it has entered into its first leases with lululemon athletica inc. (“lululemon”), bringing lululemon’s trend-setting athletic apparel to Southlake Town Square (“Town Square”) in Southlake, TX and The Shops at Legacy (“Legacy”) in Plano, TX, further establishing these lifestyle centers as leading shopping destinations in Texas.

“We are very excited to partner with lululemon, a best-in-class athletic apparel retailer, at our premier Town Square and Legacy properties,” said Shane Garrison, executive vice president, chief operating officer and chief investment officer of RPAI. “This announcement is an example of the increased demand from a broad spectrum of retailers we are seeing for small shop space in today’s marketplace. RPAI’s new leases with lululemon increase the diversity of our tenant base and demonstrate the quality of our portfolio. As we continue our proactive remerchandising approach, we are intently focused on capturing the right tenants for all of our properties that will drive increased consumer traffic and have both strong credit qualities and attractive long-term prospects.”

The lululemon leases, which total 6,423 square-feet, include 3,243 square-feet at Town Square and 3,180 square-feet at Legacy. RPAI has additionally signed new and renewal small shop leases of 114,680 and 76,909 square feet to Town Square and Legacy, respectively in the last 12 months.

Located in the heart of the Dallas-Fort Worth Metroplex in Southlake, Texas, Southlake Town Square is known worldwide as the blue print for success in open-air lifestyle urban developments. Opened in 1999 and expanded progressively since that time, the 130-acre Town Square boasts more than 120 specialty retail shops and restaurants including Apple, Michael Kors, J.Crew and Coach. The center is also home to a 14-screen Harkins Theatre, an upscale urban Hilton Hotel, offices, city and county government buildings, a U.S. Post Office and residential brownstones.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs